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Eleven Infuses ₹216 Crore into Financial Services Arm, Total Investment Reaches ₹470 Crore

Eleven

New Delhi: Diversified business group Eleven has infused ₹216 crore into its financial services business, taking its cumulative investment in the segment to ₹470 crore over the past four years as it strengthens its presence in India’s financial services ecosystem.

The fresh capital will support the expansion of the group’s financial services franchise, particularly its NBFC, SVCL, which has served more than 19 lakh customers and disbursed loans worth over ₹10,000 crore.

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As part of its growth strategy, Eleven has also launched Eleven Tech, a technology platform aimed at accelerating digital transformation across its financial services operations. The company has appointed Monu Ratra as the Chief Executive Officer of the new platform.

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The investment reflects Eleven’s continued focus on expanding technology-driven lending, improving operational capabilities, and strengthening customer reach across underserved segments.

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With increased capital allocation and a dedicated technology platform, the group aims to enhance its digital lending capabilities, improve customer experience, and support the next phase of growth in its financial services business.

Also Read: Progcap Eyes $45 Million Equity Raise to Accelerate Lending Growth

The latest investment underscores growing confidence in India’s NBFC sector, where technology adoption and capital infusion continue to drive financial inclusion and scalable credit delivery.

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